Hillshire Brands Co 8-K 2008
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Sara Lee Corporation
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Item 2.06 Material Impairments.
Sara Lee Corporation today announced that, on July 16, 2008, it concluded that certain of its goodwill and other assets were impaired and that it would be required to record a non-cash charge ranging between $865 million and $975 million, or $(1.17) to $(1.32) per share, in the fiscal fourth quarter ended June 28, 2008. Sara Lee does not expect to make any cash expenditures related to this charge. The components of this charge are described below.
Item 9.01 Financial Statements and Exhibits.
Exhibit 99 Press release dated July 22, 2008
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.